To reduce water losses to 40% in Azerbaijan's capital city Baku, USD 162.7 million are required for 5 years, which makes it 33 USD million every year, said Smita Misra, the Lead Water Specialist at the World Bank, APA-Economics reports.
“Those expenses also include a reduction in infrastructure leakage index of real losses from 16.4% to 8%, and a reduction in system input volume of commercial loss from 5% to 0.7%,” Smita Misra added.
It was noted that these targets can be achieved with mixed financing, including public and private financing.
She added that the water losses in Baku have reached 55-60%: "The time to stop it has come."
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